Satndard will: house to spouse for life, residue to children

This is a effective will providing for testamentary gifts of the testators estate to any number of people, as per your requirements.  It provides for the matrimonial home to go to the spouse for life and after his or her death, to the children and or other relatives. It provides for the spouse to have capital too, as an option – you choose. The rest of the estate passes to the children on the testators death.

This document is the most popular will document from Net Lawman. It is suitable for anyone and especially suited where the testator has a house to give to the spouse but little else in the way of assets.  It is also popular because it allows for the spouse to be ‘kept’. Upon the testator’s death, the equitable interest of the house is held for the children so they are certain to be catered for after the spouse’s death. Until then, the spouse has somewhere to live. A neat solution.

The Net Lawman wills are suitable for most situations.  If the will you need is not here, we can draw a will to your precise instructions for a very reasonable fee.

In these descriptions: “remainderman" means the person entitled to capital and any accumulated income after the death of a person with a life interest (a “tenant for life”).